0.75^2 = 0.5625.....sq rt 0.5625 = 0.75
To calculate the present value we shall proceed as follows:
from the present value table, the percentage corresponding to discount factor of 0.7008 in 5 years is 7%
therefore using the formula:
FV=PV(1+r/100)^n
where:
FV=$1000
PV=?
r=7%
hence:
1000=PV(1+7/100)^5
PV=1000/(1+7/100)^5
PV=712.986
Answer:
associative i beleve
Step-by-step explanation:
Keeping in mind that, there are 3.78 liters in 1 US gallon and say 30days per month and 24 hours in a day.. then